SAP plans to acquire HR software company SmartRecruiters, with the deal expected to close in Q4; SmartRecruiters was valued at $1.5B in a 2021 funding round — SAP SE, Europe's most valuable company, will buy San Francisco-based human resources software specialist SmartRecruiters.
Darktrace says it plans to invest $200M in the US in 2026, up 11% YoY, as part of a push to surpass $1B in revenue and grow its US sales to 50% of its revenue — UK-based cyber security group steps up investment plans following takeover by US private equity firm Thoma Bravo
A profile of Rumble founder Chris Pavlovski, who declined an offer to become CEO of Truth Social and opted to provide services to the platform through Rumble — Before he helped run Truth Social, Chris Pavlovski owned porn domains. Now, he's allied with a political movement that wants to ban pornography.
How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows — Podcasts hosted by venture capitalists set the narrative in tech, changing the way that insiders—and everyone else—learn about the world of startups.
Anthropic says OpenAI staff used Claude Code ahead of GPT-5 launch and it will continue providing API access to OpenAI for benchmarking and safety evaluations — Anthropic says it has revoked OpenAI's access to the Claude API after ChatGPT's engineers were found using Claude's coding tools.
China's World AI Conference struck a stark contrast to Trump's America-first, regulation-light vision, focusing instead on global cooperation for AI safety — Behind closed doors, Chinese researchers are laying the groundwork for a new global AI agenda—without input from the US.
SentinelOne researchers detail over 10 offensive cybersecurity patents filed by Shanghai Firetech, a company allegedly involved in Beijing's Silk Typhoon hacks — Researchers have discovered more than 10 patents for powerful offensive cybersecurity technologies filed by a prominent Chinese …
Google rolls out Gemini 2.5 Deep Think, its most advanced reasoning model, which can consider multiple ideas simultaneously, to $250-per-month Ultra subscribers — Google DeepMind is rolling out Gemini 2.5 Deep Think, which, the company says, is its most advanced AI reasoning model …
Nintendo Q1: revenue up 132% YoY to ~$3.8B, operating profit up 4.4% to ~$378M; it sold 5.82M Switch 2 units in the first month, more than double the original — Nintendo more than doubled revenue in its fiscal first quarter, as the company logged bumper sales of its Switch 2 console in the first month of release.
Sources: Trump administration is reconsidering plans to replace the Biden-era AI export rules as part of a broader softening on chip controls targeting China — The Trump administration is easing off its tough-on-China approach to technology export controls as it searches for leverage …
Indonesia raises taxes on crypto sellers, from 0.1% to 0.21% in domestic exchanges, and from 0.2% to 1% in overseas exchanges, but removes VAT on buyers — Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1 …
Sources: Bank of England governor blocked a meeting arranged by UK Chancellor between regulators and Revolut to discuss Revolut's full banking authorization — Chancellor's aim to discuss fintech becoming fully fledged bank thwarted by BoE governor — Bank of England governor Andrew Bailey intervened …
Chinese crypto mining hardware maker Bitmain plans to open a new HQ and assembly line in either Texas or Florida by the end of Q3 and start production in 2026 — Tell us how AI is shaping your news experience. Share your feedback — Bitmain Technologies Ltd., the world's largest manufacturer …
Sources: Quince, a DTC luxury brand that is viral on Instagram and TikTok, raised ~$200M led by Iconiq at a $4.5B valuation, after raising $120M in January 2025 — Investment firm Iconiq is leading a roughly $200 million investment in the direct-to-consumer fashion startup.
An analysis of ~200 Shein items between April and July: prices spiked in April, settled at 12.5% above pre-tariff levels by late May, and jumped again in July — Evidence for the impact of Trump's trade war has shown up at the popular China-founded online retailer.
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
